Centre to consider 1,980 MW Ghatampur project in Kanpur soon

NEW DELHI: The government will soon consider a proposal for setting up 1,980 MW Ghatampur thermal power project entailing investment of Rs 16,029.32 crore in Kanpur district of Uttar Pradesh, a project which has been hanging fire for over three years.

"The proposal for the 1,980 MW Ghatampur project will soon be sent to Cabinet Committee on Economic Affairs (CCEA) approval. It was discussed in the recent meeting of the Public Investment Board (PIB)," a source said.

"The board had approved the project earlier in 2013 subject to environment clearance. Since the clearance was received after lapse of six months of board's approval, it would be vet by the panel again."

The source further said, "The board's approval is valid for six months only. During the six months period, CCEA approval should have been sought after receiving environment clearance. Now after board's fresh approval, it would be sent for the CCEA nod."

According to the latest estimates, the project will cost Rs 16,029.32 crore, up from initial projection of Rs 14,375 crore.